5749.10
Assessments for taxes in jeopardy.

If the tax commissioner
finds that a taxpayer, liable for tax under this chapter
or for any amount due under section
1509.50 of the Revised Code
is about to depart from the state, or remove the taxpayer's property therefrom,
or conceal the taxpayer's person or property, or do any other act tending to
prejudice or to render wholly or partly ineffectual proceedings to collect such
tax or other amount due unless such proceedings
are brought without delay, or if the commissioner believes that the collection
of the tax or amount due from any taxpayer will
be jeopardized by delay, the commissioner shall give notice of such findings to
such taxpayer together with the demand for an immediate return and immediate
payment of such tax or other amount due, with
penalty as provided in section
5749.15 of the Revised Code,
whereupon such tax or other amount due shall
become immediately due and payable. In such cases the commissioner may
immediately file an entry with the clerk of the court of common pleas in the
same manner and with the same effect as provided in section
5749.07 of the Revised Code,
provided that if such taxpayer, within
five days from notice of the assessment, furnishes evidence satisfactory to the
commissioner, under the regulations prescribed by the commissioner, that the
taxpayer is not in default in making returns or paying any tax prescribed by
this chapter or amount due under section
1509.50 of the Revised Code,
or that the taxpayer will duly return and pay, or post bond satisfactory to the
commissioner conditioned upon payment of the tax or
other amount finally determined to be due, then such tax
or other amount due shall not be payable prior to
the time and manner otherwise fixed for payment under section
5749.07 of the Revised Code, and
the person assessed shall be restored the rights granted under such section.
Upon satisfaction of the assessment the commissioner shall order the bond
cancelled, securities released, and judgment vacated.

Any assessment issued
under this section shall bear interest as prescribed under section
5749.07 of the Revised Code.